TDHIX

About TDHIX

Transamerica High Yield Bond Fund Class I is an institutional share class of an actively managed mutual fund focused on generating a high level of current income through **high‑yield corporate bonds**. The portfolio typically invests at least 80% of assets in below‑investment‑grade debt, emphasizing credits with **low interest‑rate sensitivity** and shorter **effective duration**, positioning it primarily for credit risk rather than rate risk. The strategy invests mainly in U.S. issuers while retaining flexibility across sectors and capital structures, with holdings spanning industries such as healthcare, telecommunications, basic materials, and consumer‑related businesses. The fund’s profile includes a **below‑average distribution fee level** and an institutional cost structure, reflected in its expense ratio and share‑class minimums, which can be relevant for fee‑sensitive allocators. Within the **High Yield Bond** category, it serves as a dedicated exposure to sub‑investment‑grade credit, aiming to provide income and diversify equity risk in multi‑asset portfolios by accessing the leveraged corporate debt market. According to third‑party research, its credit quality tilt and limited rate sensitivity define its risk‑return characteristics versus peers.